On 17 July 2018, the Ministry of Law announced that it will put in place a new anti-money laundering and countering the financing of terrorism regulatory regime for precious stones and metals dealers in Singapore.

Currently, under the RNF, FIs are obliged to file notifications with MAS whenever they appoint a representative to conduct activities that are regulated under the SFA or under the Financial Advisers Act

The Monetary Authority of Singapore and the Commercial Affairs Department of the Singapore Police Force will set up a partnership with industry and regulators to fight money laundering and terrorism financing.

On 19 July 2016, the MAS issued a consultation paper proposing various enhancements to the regulatory regime governing the protection of client moneys and assets held by Capital Markets Services licence holders.

On 17 July 2018, the Ministry of Law announced that it will put in place a new anti-money laundering and countering the financing of terrorism regulatory regime for precious stones and metals dealers in Singapore.

On 17 July 2018, the Ministry of Law announced that it will put in place a new anti-money laundering and countering the financing of terrorism regulatory regime for precious stones and metals dealers in Singapore.

Currently, under the RNF, FIs are obliged to file notifications with MAS whenever they appoint a representative to conduct activities that are regulated under the SFA or under the Financial Advisers Act

The Monetary Authority of Singapore and the Commercial Affairs Department of the Singapore Police Force will set up a partnership with industry and regulators to fight money laundering and terrorism financing.